Binance delists low-volume altcoin pairs to enhance liquidity – Binance News

Binance has suspended a number of low-volume altcoin trading pairs from the platform. The leading crypto exchange states the delisting of the pairs to enhance liquidity and the experience of the users. The altcoins reportedly showed very less trading. Binance commenced the move on Friday, announcing it on the official website.

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The world’s leading cryptocurrency exchange, Binance, is on the run to ascend the achievements of the platform. In its latest modification to the exchange, binance has removed a total of five altcoin pairs holding low trading volumes.

As per the recent announcement made on the official website, Binance has delisted pairs: ATOM/PAX, BTS/BNB, CVC/BNB, ETC/PAX, and REP/BNB on November 1. The crypto exchange unveils the reason behind the suspension, stating that the pairs have been suspended to “improve liquidity and user trading experience among our wide range of available assets.”

While Binance is removing the altcoins, its US arm, Binance.US, newly added support for NEO, ATOM, and WAVES. The American exchange now lists more than twenty crypto coins.

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Saloni Sheelwant
Saloni Sheelwant treasures to research and write about the new startups and technologies thriving at a very fast pace.

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